Essity Aktiebolag B

  • TickerA2DS20
  • ISINSE0009922164
  • ExchangeNasdaq Nordic Stockholm
  • SectorPersonal Goods
  • CountrySweden

Analysts

1 director bought

A director at Essity Aktiebolag bought 3,000 shares at 284.300SEK and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of ...

Eivind Sars Veddeng ...
  • Håkon Astrup
  • Jimi Lehtonen
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Sonia Vora

Morningstar | Essity's Cost Savings Help It Weather Continued Margin Headwinds in 1Q; Shares Overvalued

No-moat Essity's profitability remained hampered by higher pulp and oil-based raw material costs in the first quarter, with adjusted operating margin contracting 70 basis points to less than 10% (below our nearly 12% full-year estimate). Although we expect the near-term cost environment to remain challenging, we're encouraged by Essity management’s actions to defend its bottom line. For one, its efforts to extract costs from its operations helped its selling, general, and administrative expense ratio leverage 80 basis points during the quarter to 16.9%. Further, the firm's top-line trajectory ...

Sonia Vora

Essity's Cost Savings Help It Weather Continued Margin Headwinds in 1Q; Shares Overvalued

No-moat Essity's profitability remained hampered by higher pulp and oil-based raw material costs in the first quarter, with adjusted operating margin contracting 70 basis points to less than 10% (below our nearly 12% full-year estimate). Although we expect the near-term cost environment to remain challenging, we're encouraged by Essity management’s actions to defend its bottom line. For one, its efforts to extract costs from its operations helped its selling, general, and administrative expense ...

Karl-Johan Bonnevier

Essity (Sell, TP: SEK260.00) - Down to SELL after strong run

The Q1 results were in line with consensus forecasts, and easing raw materials cost pressure is now better balanced by price/mix in the outlook. Overall, the report prompted us to make only minor EPS forecast changes, with lower operational expectations offset by favourable FX and lower financial and tax expenses. With strong share price performance over the past six months, we find the stock in negative territory in terms of valuation and relative attraction, prompting a downgrade to SELL (HOLD); we reiterate our SEK260 target price.

Sonia Vora

Morningstar | Essity's Cost Savings Help It Weather Continued Margin Headwinds in 1Q; Shares Overvalued

No-moat Essity's profitability remained hampered by higher pulp and oil-based raw material costs in the first quarter, with adjusted operating margin contracting 70 basis points to less than 10% (below our nearly 12% full-year estimate). Although we expect the near-term cost environment to remain challenging, we're encouraged by Essity management’s actions to defend its bottom line. For one, its efforts to extract costs from its operations helped its selling, general, and administrative expense ratio leverage 80 basis points during the quarter to 16.9%. Further, the firm's top-line trajectory ...

Sonia Vora

Essity's Cost Savings Help It Weather Continued Margin Headwinds in 1Q; Shares Overvalued

No-moat Essity's profitability remained hampered by higher pulp and oil-based raw material costs in the first quarter, with adjusted operating margin contracting 70 basis points to less than 10% (below our nearly 12% full-year estimate). Although we expect the near-term cost environment to remain challenging, we're encouraged by Essity management’s actions to defend its bottom line. For one, its efforts to extract costs from its operations helped its selling, general, and administrative expense ...

Karl-Johan Bonnevier

Essity (Sell, TP: SEK260.00) - Down to SELL after strong run

The Q1 results were in line with consensus forecasts, and easing raw materials cost pressure is now better balanced by price/mix in the outlook. Overall, the report prompted us to make only minor EPS forecast changes, with lower operational expectations offset by favourable FX and lower financial and tax expenses. With strong share price performance over the past six months, we find the stock in negative territory in terms of valuation and relative attraction, prompting a downgrade to SELL (HOLD); we reiterate our SEK260 target price.

Karl-Johan Bonnevier

Essity (Hold, TP: SEK260.00) - Neutral territory heading into H2

With pulp prices off their 2018 highs, Essity’s raw material headwinds are easing, albeit not yet fully offset by price rises implemented before the Q1 results (due 25 April); but this should support a reversal of trend from H2 2019. After the strong outperformance over the past six months we find the shares in neutral territory in terms of valuation and potential upside. We reiterate HOLD, and have raised our target price slightly to SEK260 (255).

Sonia Vora

Morningstar | Limited Differentiation in the Hygiene Market Has Prevented Essity from Forming an Edge.

We think Essity faces obstacles to amassing brand power in its portfolio. Competition from both branded and private-label offerings in the global personal care and hygiene category, plus low barriers to entry and a lack of switching costs, hampers Essity's ability to form the entrenched retail relationships needed to secure a competitive edge. We assign Essity a no-moat rating.We believe Essity's retail relationships are weaker than its largest competitors'. It has fewer high-profile or billion-dollar brands, which could put the firm at a disadvantage if retailers were to rationalize stock-kee...

1 director bought

A director at Essity Aktiebolag bought 3,000 shares at 284.300SEK and the significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of ...

Eivind Sars Veddeng ...
  • Håkon Astrup
  • Jimi Lehtonen
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Christer Magnergård
  • Eivind Sars Veddeng
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Alexander Aukner ...
  • Christer Magnergård
  • Eivind Sars Veddeng
  • Håkon Astrup
  • Jesper Ingildsen
  • Karl-Johan Bonnevier
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Stefan Gauffin

Northern Lights

Eivind Sars Veddeng ...
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Paul Harper

Northern Lights

Alexander Aukner ...
  • Antti Kansanen
  • Håkon Astrup
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Marius Knudssøn
  • Martin Huseby Karlsen
  • Niclas Gehin
  • Nicolay Dyvik
  • Ole Martin Westgaard
  • Ole-Andreas Krohn

Northern Lights

ESSITY AB loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of ESSITY AB (SE), active in the Personal Products industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date April 5, 2019, the closing price was SEK 261.00 and its potential was estimated at SEK 286.01.

Essity Aktiebolag

Essity Aktiebolag

Essity Aktiebolag

Essity Aktiebolag

Essity April 04th, 2019

In general, Essity is in compliance with the Swedish regulations relating to the organisation and procedures of the AGM. Under ITEMS 12.1-12.9, the (re-)election of the board of directors is proposed.In light of concerns over aggregate time commitments, ECGS recommends to vote OPPOSE to the (re-)election of: Mr. Pär Boman (ITEM 12.2) and Ms. Annemarie Gardshol (ITEM 12.4). Under ITEM 13, the nomination committee proposes to re-appoint Mr. Pär Boman as Chairman of the board of directors. As already mentioned above, ECGS has various concerns over his re-appointment and therefore does not suppo...

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